#Gold #SP500 This share price is looking pretty optimistic for some reason. As technology develops and the internet improves, a surprising phenomena is frequently noticed when our lounge TV is turned on. There’s a little box in the middle of the screen, advising ‘The TV Automatically Turned Off Due To Lack Of Activity”. Nowadays, the lounge big screen tends be used to watch Coronation St (not me), then muted and forgotten, left to wither away like an unwatered potted plant. My wife’s viewing habits have changed, her iPad tending favour unending documentaries on YouTube or other streaming services but most emphatically no longer dependant on satellite TV.
In the interests of full disclosure, she is watching ITV while I’m writing this in the office. An interview with a celebrity Royal Family couple is mandatory viewing in the UK tonight. Presumably the folk involved will launch a ‘Premium Rate Phone Call’ competition for viewers before the show ends, offering the prize of a holiday or car to anyone who paid attention.
Despite a personal distrust of such a terrestrial TV company, presumably there are doing something to capture the tablet revolution. Near term, it certainly looks like strength exceeding 122p should propel the share price toward an initial 133p, along with a collision against the downtrend since 2016. It will become utterly crucial for the share price to actually close a session above 131p to allow us to present some quite useful numbers for the longer term.
Closure above 131p creates a scenario, where an initial 173p is expected with secondary, if bettered, at 173p. We fear, given historical behaviour around the 173p level, some stutters shall occur should such a number make itself known. After all, there’s bound to be a bunch of frustrated folk who bought around this level a few years ago, desperately hoping “this” was the time the share price will go up. Invariably, this select gang will bail a share at break even, creating selling pressure while the regain use of their funds.
In the case of ITV, we suspect this shall be an erroneous judgement for the long, long, term, if only on the basis the 4th attempt will be the charm.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:05:16PM | BRENT | 67.92 | ‘cess | ||||||||
| 10:07:42PM | GOLD | 1683.7 | 1676.65 | 1661 | 1561 | 1723 | 1722 | 1734.5 | 1754 | 1691 | |
| 10:22:48PM | FTSE | 6713 | Shambles | ||||||||
| 10:34:42PM | FRANCE | 5893 | Success | ||||||||
| 10:37:40PM | GERMANY | 14383 | Success | ||||||||
| 10:39:54PM | US500 | 3831 | 3796 | 3775.5 | 3740 | 3836 | 3882 | 3887.25 | 3911 | 3844 | ‘cess |
| 10:49:06PM | DOW | 31895 | Success | ||||||||
| 10:56:47PM | NASDAQ | 12349 | |||||||||
| 11:02:38PM | JAPAN | 28839 |
8/03/2021 FTSE Closed at 6719 points. Change of 1.34%. Total value traded through LSE was: £ 6,767,361,334 a change of -3.17%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%
3/03/2021 FTSE Closed at 6675 points. Change of 0.94%. Total value traded through LSE was: £ 6,407,091,178 a change of -5.86%
2/03/2021 FTSE Closed at 6613 points. Change of 0.38%. Total value traded through LSE was: £ 6,806,160,931 a change of 10.04%
1/03/2021 FTSE Closed at 6588 points. Change of 1.62%. Total value traded through LSE was: £ 6,185,435,500 a change of -34.59%
26/02/2021 FTSE Closed at 6483 points. Change of -2.53%. Total value traded through LSE was: £ 9,456,681,275 a change of 48.72%
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!
Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:SCLP Scancell** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Barclays, BALFOUR BEATTY, Barrett Devs, Carclo, Empyrean, Genel, Hikma, HSBC, International Personal Finance, ITM Power, Intertek, ITV, Lloyds Grp., Natwest, Premier, Petrop etc, Scancell, Standard Chartered, Tullow, Taylor Wimpey,
LSE:BARCLSE:BARC Barclays. Close Mid-Price: 177.92 Percentage Change: + 3.70% Day High: 178.18 Day Low: 173.28
All Barclays needs are mid-price trades ABOVE 178.18 to improve accelerat ……..
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View Previous Barclays & Big Picture ***
LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 298.4 Percentage Change: + 2.19% Day High: 298.8 Day Low: 291.8
Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 741 Percentage Change: + 3.87% Day High: 740.2 Day Low: 711.8
Target met. Continued trades against BDEV with a mid-price ABOVE 740.2 sh ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CARLSE:CAR Carclo. Close Mid-Price: 28.25 Percentage Change: + 10.78% Day High: 28.5 Day Low: 25.5
Continued trades against CAR with a mid-price ABOVE 28.5 should improve t ……..
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View Previous Carclo & Big Picture ***
LSE:EMELSE:EME Empyrean. Close Mid-Price: 3.88 Percentage Change: + 0.00% Day High: 3.88 Day Low: 3.73
If Empyrean experiences continued weakness below 3.73, it will invariably ……..
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View Previous Empyrean & Big Picture ***
LSE:GENLLSE:GENL Genel. Close Mid-Price: 187.6 Percentage Change: + 1.30% Day High: 190 Day Low: 180.4
Target met. Continued trades against GENL with a mid-price ABOVE 190 shou ……..
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View Previous Genel & Big Picture ***
LSE:HIKLSE:HIK Hikma. Close Mid-Price: 2205 Percentage Change: + 0.55% Day High: 2211 Day Low: 2158
Weakness on Hikma below 2158 will invariably lead to 2130 with secondary ……..
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View Previous Hikma & Big Picture ***
LSE:HSBALSE:HSBA HSBC. Close Mid-Price: 455.5 Percentage Change: + 4.09% Day High: 456.75 Day Low: 443.6
Target met. Continued trades against HSBA with a mid-price ABOVE 456.75 s ……..
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View Previous HSBC & Big Picture ***
LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 105.4 Percentage Change: + 2.73% Day High: 107 Day Low: 99.5
Further movement against International Personal Finance ABOVE 107 should ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 440 Percentage Change: -2.33% Day High: 459.5 Day Low: 407.5
Weakness on ITM Power below 407.5 will invariably lead to 373 with second ……..
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View Previous ITM Power & Big Picture ***
LSE:ITRK Intertek Close Mid-Price: 5266 Percentage Change: -1.94% Day High: 5422 Day Low: 5216
Weakness on Intertek below 5216 will invariably lead to 4923 with seconda ……..
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View Previous Intertek & Big Picture ***
LSE:ITVLSE:ITV ITV. Close Mid-Price: 121.5 Percentage Change: + 4.16% Day High: 121.9 Day Low: 117.8
Target met. In the event of ITV enjoying further trades beyond 121.9, the ……..
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View Previous ITV & Big Picture ***
LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 41.78 Percentage Change: + 4.25% Day High: 41.97 Day Low: 40.3
Continued trades against LLOY with a mid-price ABOVE 41.97 should improve ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NWGLSE:NWG Natwest. Close Mid-Price: 192.25 Percentage Change: + 2.23% Day High: 192.6 Day Low: 187.6
Further trades beyond 194 now suggest growth toward 202p with secondary, i ……..
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View Previous Natwest & Big Picture ***
LSE:PMOLSE:PMO Premier. Close Mid-Price: 32.1 Percentage Change: + 4.63% Day High: 33.45 Day Low: 31.4
All Premier needs are mid-price trades ABOVE 33.45 to improve acceleratio ……..
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View Previous Premier & Big Picture ***
LSE:POG Petrop etc Close Mid-Price: 25.5 Percentage Change: -3.41% Day High: 26.5 Day Low: 25.5
In the event Petrop etc experiences weakness below 25.5 it calculates wit ……..
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View Previous Petrop etc & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 21 Percentage Change: -3.45% Day High: 22.25 Day Low: 20.5
If Scancell experiences continued weakness below 20.5, it will invariably ……..
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View Previous Scancell & Big Picture ***
LSE:STANLSE:STAN Standard Chartered. Close Mid-Price: 509 Percentage Change: + 1.94% Day High: 512.8 Day Low: 499.6
This is very much on the edge of becoming useful. Movement next above 513p ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TLWLSE:TLW Tullow. Close Mid-Price: 52.92 Percentage Change: + 4.13% Day High: 57.14 Day Low: 51.06
Target met. In the event of Tullow enjoying further trades beyond 57.14, ……..
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View Previous Tullow & Big Picture ***
LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 178.65 Percentage Change: + 4.53% Day High: 178.55 Day Low: 171.4
All Taylor Wimpey needs are mid-price trades ABOVE 178.55 to improve acce ……..
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View Previous Taylor Wimpey & Big Picture ***